Board of directors meeting of Chakwal Spinning Mills Limited

Board of directors meeting of Chakwal Spinning Mills Limited

March 13, 2018

Karachi, Chakwal Spinning Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 21, 2018 at Lahore to appoint the Chairman of the Board of Director in term of section 192 of the Companies Ordinance 2017 from the Non-Executive director of the Company and to reconstitute the committee of Board.

Chakwal group has around 160,000 spindles, which are operationally organized into 6 spinning units; the entire machinery is from world-renowned manufactures. Chakwal Spinning consists of 34,552 Spindles. The flag ship company of Chakwal Group is Kohinoor Spinning comprising of 80,000 spindles, distributed into three separate units which are tailor made to make specialized yarns. The unit has its own in house doubling and is capable of producing 75 tons of cotton and blended yarn per day.

The symbol “CWSM” is being used by the stock exchanges for the shares of Chakwal Spinning Mills Limited.